American National’s banking subsidiary will integrate into Associated Banc-Corp’s subsidiary, Associated Bank. Associated Banc-Corp has agreed to acquire American National for up to $604m, to expand its presence across key markets in the US Midwest. The acquisition will see American National’s...
Businesses across industries are already benefiting from the strong growth of the green economy, the second-fastest growing sector over the past decade, according to World Economic Forum (WEF). A new report, titled 'Already a Multi-Trillion-Dollar Market: A CEO Guide to...
The financial system risks undermining global trade if it fails to adapt to the economy's needs, with developing countries likely to suffer the most, the UN Trade and Development Agency said on Tuesday. Shifts in financial markets now drive global...
Australia’s economy slowed unexpectedly in the September quarter as a large drag from inventories offset strength in government and business investment, which still boded well for an increase in capacity that could help cool inflation. Data from the Australian Bureau...
Assets in infrastructure funds have surged to a record high of $1.35tn, according to new analysis from Ocorian, an asset servicing provider for private markets and corporate and fiduciary administration. Assets have more than doubled in value since 2020 from...
Non-interest income rose by over 20% during the quarter. CIMB Group Holdings Berhad reported a profit attributable to owners of the parent or net profit of almost $502.65m (MYR2.08b) for Q3 2025, a 2.34% year-on-year (YoY) rise, its latest financial...
Surprise bounceback may be shortlived, with early data for October looking weaker. The Canadian economy topped expectations with a sharp rebound in the third quarter as a stronger trade balance helped fuel the recovery from a tariff-driven contraction. Statistics Canada said...
UAE-based Aditum Investment Management has announced plans to raise up to $50m to back Indian fintech Wizz Financial’s gold-backed private credit strategy. The programme gives institutional investors access to short-duration, asset-backed private credit products regulated by the Reserve Bank of...
Policymakers signal likely end to easing cycle as economy shows early signs of picking up. New Zealand’s central bank cut its benchmark official cash rate (OCR) by 25 basis points to 2.25 per cent, its lowest level since mid-2022, but...
Monroe Capital has closed its $730.7m Monroe Capital PCL CLO I, marking its third CLO transaction in 2025. The CLO is secured by a portfolio of lower and traditional middle market senior secured loans. The issued debt tranches were rated...
